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Reply to "Large early inheritance to only 1 of 3 siblings?"
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[quote=Anonymous][quote=Anonymous]Why is OP talking about this as an early inheritance? It's a gift, because the parents are still alive, and it's not OP's money yet.[/quote] Not necessarily. Many parents with money to burn make it clear to children when something is an early inheritance. I wrote about my sister potentially being gifted a house. If that occurs the value of the house will be deducted from her trust, so it won’t impact my trust or my brothers’ trusts. In this way, it’s an early inheritance. my husband’s grandparents also helped his mother fund years of private school and college and gave her a down payment for a house, so when it came time for her to inherit they gave her sister millions and she got a few hundred thousand. [/quote]
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